The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s simple to use even for those with no programming expertise, and comes with various options that will boost your trading to the next level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. The traders can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use as well as the strategy for trading to determine how many trades that the strategy has opened and closed, as well as the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most of your trading strategy.